Doris, Aedin; O'Neill, Donal; Sweetman, Olive - Department of Economics, National University of Ireland - 2010
This note describes and illustrates a new Stata program, gmmcovearn, that estimates the covariance structure of earnings for a variety of models using the GMM estimator. The program estimates models that incorporate time factor loadings and cohort factor loadings on both the transitory and...